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, but it also will be mindful of the education deficit, also mindful of the infrastructure deficit and mindful of the competitive deficit, and we have to recognize there's many different kinds of deficits of which the financial deficit is only one. >> i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> two presidential debates coming up. >> defense secretary says the u.s. space has the possibility of a close cyber pearl harbor that could shut down the transportation system, military networks, and military systems. secretary panetta's remarks came yesterday in new york city. >> frank, five words. you deserve to be here. [applause] ladies and gentlemen, it is now and high honor to introduce the most talented, versatile, and experienced leaders in american government, a man who serves our country by meeting the extraordinary challenges of our times. i am sure secretary of defense, leon panetta thinks on his days in the u.s. army intelligence where he received the army accommodation metal. he chaired the house budget committee before moving on to
, but it also will be mindful of the education deficit, also mindful of the infrastructure deficit and mindful of the competitive deficit, and we have to recognize there's many different kinds of deficits of which the financial deficit is only one. >> i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> two presidential debates coming up. >> defense secretary says the u.s. space has the possibility of a close cyber pearl harbor that...
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Oct 11, 2012
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bye getting the deficit down is the essential for those things. that is why our deficit reduction plan is not an alternative to a great plan, it is the very foundation of our great plan. it is the only way that we will get to britain on the rise. now, i know that you are asking whether our plan is working and here is the truth. the damage was worse than we thought and its taking longer than we hoped. the world economy, especially in the year autozone has been much weaker than expected in the last two years. some of your big trading partners like spain, ireland, italy are separating less by us. it makes it harder for us to pay off our debt. but here is the crucial thing you need to know. yes it is worse than we thought and yes it is taking longer but we are making progress thanks to the good result of george osborn we've cut off the deficit. 25%. that has helped to keep our interest rates at record low levels. keeping the market is low. more money in your pockets, giving businesses more confidence to invest, creating more jobs. and if you don't bel
bye getting the deficit down is the essential for those things. that is why our deficit reduction plan is not an alternative to a great plan, it is the very foundation of our great plan. it is the only way that we will get to britain on the rise. now, i know that you are asking whether our plan is working and here is the truth. the damage was worse than we thought and its taking longer than we hoped. the world economy, especially in the year autozone has been much weaker than expected in the...
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Oct 10, 2012
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how can he guarantee that and cut the deficit in half as he's promised? >> because we will do what they've not done. if you look at what's happened over the last four years, we have gone from a $5 trillion projected surplus when george bush took office to a $3 trillion projected deficit. they promised they were going to put $2 trillion of the surplus aside for social security. not done. not only that, it's the biggest fiscal turnaround in american history. and there's no end in sight. "the washington post" just reported they have several trillion dollars of additional tax cuts in spending. no suggestion of what they're going to do about it. john kerry and i believe we have a moral responsibility not to leave trillions of dollars of debt to our children and our grandchildren. so, here's what we're going to do, to answer your question, to pay for the things that we believe need to be done. we talk about healthcare and education because we have plans on both those things. what we're going to do is roll back tax cuts -- and i want everyone to hear this becaus
how can he guarantee that and cut the deficit in half as he's promised? >> because we will do what they've not done. if you look at what's happened over the last four years, we have gone from a $5 trillion projected surplus when george bush took office to a $3 trillion projected deficit. they promised they were going to put $2 trillion of the surplus aside for social security. not done. not only that, it's the biggest fiscal turnaround in american history. and there's no end in sight....
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another important element is a private set her deficit. wow, another important reform has been to put into the constitution, a financial stability law, that means that the government is going to be more able to meet their objectives and to put a degree on the expand says and the deficit of the regional suspense, which is part of the issue because the expenditures from the central government, another part of the government in which you have tools in order to make them comply with your objectives. at the government has proper tools. and in the process of the fiscal situation as we see in this chart, we have a totally out-of-control deficits in the year 2009 with a deficit exceeding 11% of the gdp and now we are to reducing the step thursday of the very important issue and what the markets wonder if the capacity of the government to get to the 6.3%. there is a degree in the market and the capacity, but the government is confident that she can get this figure and i think it would be a very important message for the market. if it's able to comp
another important element is a private set her deficit. wow, another important reform has been to put into the constitution, a financial stability law, that means that the government is going to be more able to meet their objectives and to put a degree on the expand says and the deficit of the regional suspense, which is part of the issue because the expenditures from the central government, another part of the government in which you have tools in order to make them comply with your...
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Oct 6, 2012
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we have seen trillion-dollar deficits. the road this president has put us on looks like europe, which is not working and it will not work here. if the president is reelected, this president will have a trillion-dollar deficit every year, we will end up with a $20 trillion debt, and you do not see that money, you do not see that that, but you will be paying the interest on it all your lives, and then your kids will be paying for it, and you will be wondering why the government is doing this and it is racking up all the interest. he would take us down a path like europe. there are countries on the verge of fiscal collapse or calamity or crisis. that is the path he is taking us on. i will take us on a different course. i will help create 12 million new jobs and rising take-home pay. i will get us on track to a balanced budget. i will restore personal freedom in part by getting rid of "obamacare" and return to people the right they have to deal with their own health care with their own physicians. this president is trying to m
we have seen trillion-dollar deficits. the road this president has put us on looks like europe, which is not working and it will not work here. if the president is reelected, this president will have a trillion-dollar deficit every year, we will end up with a $20 trillion debt, and you do not see that money, you do not see that that, but you will be paying the interest on it all your lives, and then your kids will be paying for it, and you will be wondering why the government is doing this and...
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we have touched on the economy but closer is the federal deficit and said that. on the mind of many voters. what three specific cuts would you oppose and support? latham: with my a bill with transportation and head the largest percentage cut of any appropriation bills bills, over $4 billion. more importantly long-term i have a bill called the last government act to apply proven private sector management tools to the federal government for efficiency. we could reduce 25% of the administering the programs be much more efficient, this would be better to cut the deficit and then national debt than the individual programs. there is no incentive for efficiency with the federal government. boswell: for a specific i am a longtime soldier. i believe in a strong defense but we pay more for defense then all the countries of the world. we have to address that. the secretary of defense recommended that. secretary gates. i am on the eisenhower commission. he gave us instructions and about the military industrial complex. it needs to be a broad band. reroute of flak. strong def
we have touched on the economy but closer is the federal deficit and said that. on the mind of many voters. what three specific cuts would you oppose and support? latham: with my a bill with transportation and head the largest percentage cut of any appropriation bills bills, over $4 billion. more importantly long-term i have a bill called the last government act to apply proven private sector management tools to the federal government for efficiency. we could reduce 25% of the administering the...
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Oct 8, 2012
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terms of the deficit. you may not like obama, you may not like his program, you may have a different way of looking at the way the country should run, but obama as the creator of the deficit? , i mean, he inherited this thing in the 2008. the economy in the ruins. there was a decade running up the deficit. with the economy down it means lower tax collections. she contributed very little to the deficit in terms of the industrial problems. and the little he tried to do such as the modest stimulus have been condemned by the people. you may not like him, but the idea he created the deficit, is just bogus. >> host: the politicians, though find that in fact there's money coming from the hedge fund. there's money coming from the brother and the big industrial. >> guest: exactly. >> host: they feel, suspect, well, that's the pressure, the way the game is being played these days. and you look right now at the fundraising. romney is outraising obama in a lot of the wall street type, the business types say, you know,
terms of the deficit. you may not like obama, you may not like his program, you may have a different way of looking at the way the country should run, but obama as the creator of the deficit? , i mean, he inherited this thing in the 2008. the economy in the ruins. there was a decade running up the deficit. with the economy down it means lower tax collections. she contributed very little to the deficit in terms of the industrial problems. and the little he tried to do such as the modest stimulus...
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Oct 9, 2012
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clearly america has large and ever-growing deficits. you propose a tax cut. that's deficit spending. >> wait a minute. first of all, this is a two-step deal. everybody knows we need the big deal and we talk about that in 30 seconds. but we're not going to get to the big deal by jumping off the bridge. and what we are saying is it is not the right thing to do you have the largest tax increase in history of america and to have $1.2 trillion worth of spending cuts that don't even look at medicare and medicaid. across the board without thinking through what this big deal is going to be. and anybody from either party hould come to a realization that the big deal counts. all we need to do is get a small part of an extension, six months, what ever does, and we'll get there. remember, when you talk about these taxes and the suspended, it can't be done by 10 people in the back of the room. and has to be a normal order on the hill because they are the only people that understands what are in those bills. >> do any of you really think we'll jump off a fiscal cliff? or d
clearly america has large and ever-growing deficits. you propose a tax cut. that's deficit spending. >> wait a minute. first of all, this is a two-step deal. everybody knows we need the big deal and we talk about that in 30 seconds. but we're not going to get to the big deal by jumping off the bridge. and what we are saying is it is not the right thing to do you have the largest tax increase in history of america and to have $1.2 trillion worth of spending cuts that don't even look at...
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get this debt and deficit under control to prevent a debt crisis. make trade work in america so we can sell them overseas and champion small businesses. don't raise taxes on small businesses because they're our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting him, but let me tell you about the mitt romney i know. this is a guy who i was talking to a family in northboro, massachusetts, the other day. cheryl and mark nixon. their kids were hit in a car crash, four of them. two of them, rob and reid, were paralyzed. the romneys didn't know them. they went to the same church, they never met before. mitt asked if he could come over on christmas. he brought his boys, his wife and gifts. later on he said i know you're struggling, mark, don't worry about their college, i'll pay for it. when mark told me this story -- because, you know what? mitt romney doesn't tell this stories. the nixons told this story. when he told me this story, he said it wasn't the help, the cash help, it's that he gave his time, and he has consiste
get this debt and deficit under control to prevent a debt crisis. make trade work in america so we can sell them overseas and champion small businesses. don't raise taxes on small businesses because they're our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting him, but let me tell you about the mitt romney i know. this is a guy who i was talking to a family in northboro, massachusetts, the other day. cheryl and mark nixon. their kids were hit in a car crash,...
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the second has a one half trillion dollar deficit. probably the most cynical gimmick in this bill is something that we all probably agree on. we don't think we should cut doctors' 21% next year. we stop those cuts from occurring every year for the last seven years. we all call this the toxics. well, according to your numbers it cost her her $71 billion. it was in the first iteration of all these bills. because it was a big price tag and made the score look bad, may look like a deficit, that provision was taken out and has been going on in stand-alone legislation. ignoring these costs does not remove them from the backs of taxpayers. hiding spending does not reduce spending. and so when you take a look of this is just as not add up. let's finish with the cost curve. we bending the cost curve down or up? well, if you look at your own chief actuary of medicare revenue up. he is time we are going up $222 billion, adding more to the unsustainable fiscal situation we have. and so when you take a look at this it is really deeper than the def
the second has a one half trillion dollar deficit. probably the most cynical gimmick in this bill is something that we all probably agree on. we don't think we should cut doctors' 21% next year. we stop those cuts from occurring every year for the last seven years. we all call this the toxics. well, according to your numbers it cost her her $71 billion. it was in the first iteration of all these bills. because it was a big price tag and made the score look bad, may look like a deficit, that...
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if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the book, what i attempt to do is take people to the presidents and leaders and tell you exactly because of the luxury of time and my publisher, simon & schuster, i declined to get the meeting notes to get the exact detail to interview president obama and speaker boehner and the key players in this. i just want to take one quick snapshot from what happened that we didn't know about, which is critical. when the cops pull up less when the president was upset, he called the congressional leaders on a saturday morning at 11:00 o'clock a.m. something in democratic andemoat republican leader were trying to work
if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the...
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who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a trash can. governor romney will let wall street run rampant but he will bring down the hammer on sesame street. that is not leadership. that is salesmanship. we cannot afford it,. we cannot afford to double down on top down economics. we cannot afford another round of tax cuts for the well. we cannot afford to roll back regulations on wall street banks or insurance company. we cannot afford to cut our investments in education or clean energy or research or technology. that's not a jobs plan. does not plan to grow the economy. that is not change. that is a relapse. we have been there and we have tried that. we are not going back, we are moving for. that's why i'm running for a second term as president of the united states. -- we are moving forward. [cheers and applause] we've got a different view about how to create jobs and prosperity in america. a strong economy does not trickled down from the top. it grows from a thriving
who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a trash can. governor romney will let wall street run rampant but he will bring down the hammer on sesame street. that is not leadership. that is salesmanship. we cannot afford it,. we cannot afford to double down on top down economics. we cannot afford another round of tax cuts for the well. we cannot afford to roll back regulations on wall street banks or insurance company. we cannot afford to cut...
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and we're in yemen and all these places and this is at a staggering cost which is causing the budget deficit we have a national security budget without one going to rouge trillion dollars. taking over the entire program and mentioning everything i want to mention so let me go to christopher's so everything's constructed consensus is already constructed before people vote this is essentially what bruce is saying. i totally disagree with bruce and with nicholas i think there's a huge choice a huge difference in the outcome of this election if romney wins if the republicans win the white house they will also probably keep the majority in the house and wins a majority in the senate and if the republicans control all the important political positions the white house the senate and see house then you will see a huge difference america has a huge dept more than sixteen billion dollars that is more than one hundred percent of g.d.p. and the next four years will be about who pays for that and i can tell you it will be a huge difference was obama controls the white house or mitt romney controls the wh
and we're in yemen and all these places and this is at a staggering cost which is causing the budget deficit we have a national security budget without one going to rouge trillion dollars. taking over the entire program and mentioning everything i want to mention so let me go to christopher's so everything's constructed consensus is already constructed before people vote this is essentially what bruce is saying. i totally disagree with bruce and with nicholas i think there's a huge choice a...
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that is a big problem but when you come to the question what are they willing to do to cut the deficit then for the republicans it's even worse they want to slash taxes for the rich and obama and the democrats want to raise taxes for the people who can really afford to pay a little bit more ok because of your last word before we go and before we go to the break i had gentlemen. well the fact is we don't know what obama would do in a second term in the first term he was very constrained to a large extent by getting elected in a second term and the other one people overlook is they see obama as a standard mean stream american that they grew up in hawaii in a very different culture we don't know what barack obama really expects and it's quite possible that he's a populist on the scale ok gentlemen we have to go to a short break and after that show break we'll continue our discussion on the us political system stay our team. and you can. download the official publication. choose your language stream quality and enjoy your favorites from alzheimer's t.v. is not required to watch on t.v. onl
that is a big problem but when you come to the question what are they willing to do to cut the deficit then for the republicans it's even worse they want to slash taxes for the rich and obama and the democrats want to raise taxes for the people who can really afford to pay a little bit more ok because of your last word before we go and before we go to the break i had gentlemen. well the fact is we don't know what obama would do in a second term in the first term he was very constrained to a...
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the debt to gdp ratio the stake in parent in even sweeping comprehensive measures for reducing the deficit such as those that were subjected by simpson-bowles. i am under no illusion that the maintenance or achievement of rapid economic growth is sufficient to address issues of equity and debt. the experience of the american economy in the 1990s demonstrates you can have rising inequity even as you have rapid economic growth. but of this i am nearly certain: without rapid growth, without growth in excess of potential, there is no realistic prospect of alleviating the squeeze on those with middle incomes, without a rapidly expanding economy, there is no realistic prospect of substantial improvement in our achievement of equality of opportunity. i have lived and watched this in small metaphor, right near me. harvard has a bookstore, a large bookstore in harvard square. in the 90s when the economy is very strong and the unemployment rate is low and it is hard to find people to work, they send
the debt to gdp ratio the stake in parent in even sweeping comprehensive measures for reducing the deficit such as those that were subjected by simpson-bowles. i am under no illusion that the maintenance or achievement of rapid economic growth is sufficient to address issues of equity and debt. the experience of the american economy in the 1990s demonstrates you can have rising inequity even as you have rapid economic growth. but of this i am nearly certain: without rapid growth, without growth...
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and the abominable sorting out, that an unchecked piece of race which we think has been spawned the deficit be corralled. >> is started all of this often 1978. in the different from how race is used in our military academy? >> too many questions. a very different world. holy individualized, comparing individuals one that sun -1 to establish the platonic idea of the class as educational. this is not what is going on, not an individualized i will look at you. i will score you, but at the .7 mission i am not admitting people but categories. that relates to that justices question. at that your hypothetical is entirely fair begins in the way they do their system you can figure out that two people would have had the same bia score, but more race. it is an error. dawson to boost the component of the score. it is not infrequent. many candidates we will support this same pai and then you boost some of them. we don't lose all of them minorities. as a studio today from a we want to boost the ones that we like. we want the affluent minorities who we think will improve dialogue. that is contrary to the
and the abominable sorting out, that an unchecked piece of race which we think has been spawned the deficit be corralled. >> is started all of this often 1978. in the different from how race is used in our military academy? >> too many questions. a very different world. holy individualized, comparing individuals one that sun -1 to establish the platonic idea of the class as educational. this is not what is going on, not an individualized i will look at you. i will score you, but at...
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will miss its deficit targets this year for leader of the u.k. and dependents party says david cameron's policies are not bringing any meaningful change to the recession ravaged economy. you know when david cameron talks about a stare as he what he fails to tell you is that we continue every year to run a massive budget deficit and by the end of his five years as prime minister but nationally deaths in the u.k. will have increased by fifty percent so i think we'll have an entirely false debate david cameron is calling the british public into thinking that he's actually really cutting back at the levels of debt you know and it's not true i think that the david cameron and george osborne combination. together a coalition telling us they were going to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy a lot of the thing is a dramatic failure and unless things turn around that i think the conservative party is in for a really terrible res
will miss its deficit targets this year for leader of the u.k. and dependents party says david cameron's policies are not bringing any meaningful change to the recession ravaged economy. you know when david cameron talks about a stare as he what he fails to tell you is that we continue every year to run a massive budget deficit and by the end of his five years as prime minister but nationally deaths in the u.k. will have increased by fifty percent so i think we'll have an entirely false debate...
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is protected it confirms that we've had trillion dollar deficits the last four years should we trust the cvo numbers now it's like they conveniently pick and choose there doesn't need to the job truth is they don't exist i agree with s.e. i mean politico optically this looks good politically for the president's below eight percent it kind of takes it disarms a republican to say forty four straight months of unemployment above eight percent but really the numbers still suck i mean you've got your six which is still about fourteen percent these are all the wage jobs but this isn't because of barack obama i mean this is going to be there and don't forget also you know you think that this just suddenly happen from poor years that we're in this collapsing economy that there's no jobs through there is on this panel right now it's disingenuous to say that these job numbers are so disasters of the over that the president cooked the books on these the job numbers are fairly clear but the thing is is that if you look at obama's mindset between two thousand and eight obama and two thousand and
is protected it confirms that we've had trillion dollar deficits the last four years should we trust the cvo numbers now it's like they conveniently pick and choose there doesn't need to the job truth is they don't exist i agree with s.e. i mean politico optically this looks good politically for the president's below eight percent it kind of takes it disarms a republican to say forty four straight months of unemployment above eight percent but really the numbers still suck i mean you've got...
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Oct 7, 2012
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adds to the deficit. deficit. i want to reduce the burden americans. i cannot reduce the burden paid by high-income americans. not accurate. >> let's talk about taxes. it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is what i did. we cut taxes for middle-class families by about $3,600. we do best when the middle class is doing well. they are in a better position to through. they can buy a computer for their kid who goes to college, which means they spend more money. calls for a $5 trillion cut. he is saying he will pay for it deductions. he has been asked how he would deductions. them. when you add up all the loopholes and deductions that all away. you do not come close to paying for $5 trillion. that is why independent studies looking at this said the only way to meet governor romney's deficit or not adding to theclass families. where people at the top are doing well while middle-class families are burdened further, that is not what i believe is a recipe for economic growth. >>
adds to the deficit. deficit. i want to reduce the burden americans. i cannot reduce the burden paid by high-income americans. not accurate. >> let's talk about taxes. it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is what i did. we cut taxes for middle-class families by about $3,600. we do best when the middle class is doing well. they are in a better position to through. they can buy a computer for their kid who...
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ryan had voted to put the iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother say the democrats will report he tried to pose as a political conservative by same i want to leave afghanistan do it he'll save american taxpayers eight hundred billion dollars. if they had real cuts we could save on more than that is the simpson bowles commission had suggested right and of course treated as a political football by saying you know we want to make the american navy smaller than it was before world war one to witness is not what the way to peace only strength is the way to peace yet paul ryan channel seemed to be out front of military for rays hinting at so prolonged stay in afghanistan action against iran even see what do you make of that why yes. he's one of the ones who says that the only way to pieces by total world domination by total military power. and. at the same time is claiming that he's a fiscal conservative and is going to save the country from budget deficits it's a total lie. we are wasting vast amou
ryan had voted to put the iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother say the democrats will report he tried to pose as a political conservative by same i want to leave afghanistan do it he'll save american taxpayers eight hundred billion dollars. if they had real cuts we could save on more than that is the simpson bowles commission had suggested right and of course treated as a political football by saying...
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doesn't have a majority in flanders and that's of course is a big problem it's a problem of democratic deficit and this means this government doesn't have a real democratic legitimacy in flanders voted for come something completely different that we are getting now with this federal government and funders is an economic economically socially well powerful prosperous region we have we are already if we have a flemish nation we have a french people you have to know that belgium is an artificial country it's really two separate countries already within belgium we see a completely different political consensus on the federation on the world will lose side. flanders would be perfectly able to have to have an independent state and be a member of the you know european union. turkey has now closed there is a space a syrian civilian flights echoing a similar move by damascus that's after turkey intercepted a syrian passenger plane last to wayne state claiming it was a carrying russian made munitions for government forces moscow says the cargo was only electronic equipment for radio stations and all of
doesn't have a majority in flanders and that's of course is a big problem it's a problem of democratic deficit and this means this government doesn't have a real democratic legitimacy in flanders voted for come something completely different that we are getting now with this federal government and funders is an economic economically socially well powerful prosperous region we have we are already if we have a flemish nation we have a french people you have to know that belgium is an artificial...
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deficit-reduction has to be balanced. there's no way to do this without spending cuts and some additional revenue. linda mcmahon signed this pledge to grover norquist saying that she would never vote for any revenue increases into the federal government. we do not need to send someone to washington who will be part of the obstruction. we need to bring people together and recognize you have to be serious about spending cuts. the approach has to be balanced. >> we cannot close the dead by not reducing spending. what he describes is a very dim view of the american economy. my plan will cut taxes for the middle class and put them back to work. they will have money in their pockets. they will pay more + taxes. it is growth in the economy. my plan is a pro-growth plan. we make our businesses competitive. we allow our job traders to continue to create jobs. our economy will grow. we have deficit reduction. we put people back to work. when people have money in their pocket, they buy more goods and services. when they buy more goo
deficit-reduction has to be balanced. there's no way to do this without spending cuts and some additional revenue. linda mcmahon signed this pledge to grover norquist saying that she would never vote for any revenue increases into the federal government. we do not need to send someone to washington who will be part of the obstruction. we need to bring people together and recognize you have to be serious about spending cuts. the approach has to be balanced. >> we cannot close the dead by...
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Oct 10, 2012
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some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and see people grasp it. if it helps move things forward, that is my intention and i hope that's what happens. >> i want to double-check in terms of major retirement entitlement reform. one of the big issues is raising the age. are you taking it off the table? >> no, i am not taking anything off the table. i have been personally against raising the age. i continue to be. i have never on any of these issues say i will not support this bill. i don't think raising the age will happen. i think there's a lot of opposition to it. >> you just mention
some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and...
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minute to go through the numbers we're speaking right now i currently have a seven point three public deficit and a public debt over one hundred sixty percent of the greek g.d.p. this is exactly the same for said percentage of public debt we had before the unusual story package in the ne shal be live in the meanwhile unemployment has reached twenty five percent and within the younger population it has skyrocketed to what are the first sentence. people as you're saying we have seen no major reduction in the debt despite a well medicated onslaught of bailouts here but if i may for a moment athens is bracing for large scale protests for tuesday when angela merkel visits public gatherings in the center which houses the german embassy and the greek parliament for britain for the first time in decades why now they forbidding such demonstrations to take place indeed this is a very interesting question we have just received a couple of hours ago a communique did chris from the police. for a building basically. prohibiting the attendance of the public to the products so this means that you will have a
minute to go through the numbers we're speaking right now i currently have a seven point three public deficit and a public debt over one hundred sixty percent of the greek g.d.p. this is exactly the same for said percentage of public debt we had before the unusual story package in the ne shal be live in the meanwhile unemployment has reached twenty five percent and within the younger population it has skyrocketed to what are the first sentence. people as you're saying we have seen no major...
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Oct 12, 2012
10/12
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he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years, you shouldn't be evaluated on your plans. you should be evaluated on your performance, it's at best, d-minus and our jobs situation are running trillion dollar deficits and america's dollar and the stock price, if you will, is at an all-time low and that's not a good record. >> excuse me, our stock price is up tremendously since barack obama took office. wall street's done really well. the reason is corporate profits. >> our currency. >> our economy is recovering and the people know it. >> thank you very much. tom stemberg, ceo of staples.
he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years,...
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ryan had voted to of put iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother to say the democrats will report right and of course he's one of the ones who says that the only way he says why total world domination by total military power. at the same time is claiming that he's a fiscal conservative and is going to save the country from budget deficits it's a total loss. and in a debate of our own crosstalk because a lot of his guests discuss just how different the candidates and their. agendas really are before shows coming your way later to say that he's a pretty. if romney wins if the republicans win the white house they will also probably keep the majority in the house and wins a majority in the senate and if the republicans control all the important political positions the white house the senate and see house then you will see a huge difference america has a huge dept more than sixteen billion dollars that is more than one hundred percent of g.d.p. and the next four years will be about who pays for tha
ryan had voted to of put iraq and afghanistan wars on the credit card helping to cause the deficit is actually right he was right about that he didn't bother to say the democrats will report right and of course he's one of the ones who says that the only way he says why total world domination by total military power. at the same time is claiming that he's a fiscal conservative and is going to save the country from budget deficits it's a total loss. and in a debate of our own crosstalk because a...
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ryan had voted to put iraq and afghanistan wars on the credit card because the deficit is actually right he was right about that he didn't bother to say the democrats were. right and of course he's the one of the ones who says that the only way to pieces by total world domination by total military power it's time for them to quit whining start with the american voters with the world and if you have minutes with the use peace prize drowned out by protests one m.e.p. explains what he thinks is wrong with a system. wealthy british style it's time to rise. markets find scandal find out what's really happening to the global economy for a no holds barred look at the global financial headlines to name two kinds of reports on our. morning news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. china corporations are today. even in the autumn of the errors. is never too late to start over. triage stream paragliding. when a bar or a listing championship. or become a party. old then. i'm in sochi been only a city in europe i'm the host
ryan had voted to put iraq and afghanistan wars on the credit card because the deficit is actually right he was right about that he didn't bother to say the democrats were. right and of course he's the one of the ones who says that the only way to pieces by total world domination by total military power it's time for them to quit whining start with the american voters with the world and if you have minutes with the use peace prize drowned out by protests one m.e.p. explains what he thinks is...
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of austerity this according to cameron is the only way for the united kingdom to reduce its budget deficit by twenty fifteen the prime minister's conservative led coalition has however rejected the idea of an imposing new taxes on the wealthy and called for more cuts and welfare spending cameron has also slammed the e.u. threatening to veto its new budget he has instead proposed to introduce two different budgets for the twenty seven nations bloc one for eurozone states and one for countries with their own currencies george editor of the staggers blog at the new statesman magazine says that this measure what undermined the position of britain in the e.u. . and that's why you need to that being members but i can't see. your. main. box agreements here. was the division between the you or is there not between. members. can actually isolate. seats at the top table and that's something that british go. bankrupt so do you have to avoid decades the. mean one of two g. twenty countries obsession is it silly and if i asked the u.k. economy actually starts to shrink problems. ground floor is the fac
of austerity this according to cameron is the only way for the united kingdom to reduce its budget deficit by twenty fifteen the prime minister's conservative led coalition has however rejected the idea of an imposing new taxes on the wealthy and called for more cuts and welfare spending cameron has also slammed the e.u. threatening to veto its new budget he has instead proposed to introduce two different budgets for the twenty seven nations bloc one for eurozone states and one for countries...
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the word austerity anymore they use these euphemisms they say tough decisions they say reducing the deficit they say reducing the government share of spending it's not fashionable to say the word austerity very uncomfortable with it so it's strategy no hugely coherent which is very important it coming once regained its reputation is had in the past for huge compton's something he didn't mention which i have to say i wasn't really expecting it was scotland of course we've had recently that the stalemate in britain between london and edinburgh on the edinburgh holding a referendum on its participation in the u.k. david cameron will meet with premier alex salmond on monday to hash out the details but what we're hearing is that there will be a referendum held in two thousand and fourteen a simple yes no question as to whether scotland will remain part of the u.k. and of course the major thing that david cameron does not want is to be the man who's in charge over the breakup of the u.k. . for more on what problems. mr david cameron has on his hands i'm joined now by neil gibson a counsellor for
the word austerity anymore they use these euphemisms they say tough decisions they say reducing the deficit they say reducing the government share of spending it's not fashionable to say the word austerity very uncomfortable with it so it's strategy no hugely coherent which is very important it coming once regained its reputation is had in the past for huge compton's something he didn't mention which i have to say i wasn't really expecting it was scotland of course we've had recently that the...
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Oct 12, 2012
10/12
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we have had four budgets, four trillion dollar deficits. we can't keep spending and borrowing like this. we can't be spending money we don't have. leaders run the problems and fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. romney put ideas on the table. we have to tackle the crisis before it tackles us. we asked his budget office, can you see the plan? he gave us a copy of the speech. tell us what president obama's plan is, they say it is a speech. we can't estimate speeches. that is what we get with this administration. the speeches, but no leadership. mitt romney is uniquely qualified to fix these problems. and what do we have? the president broke his big promised to bring people together to solve the country's biggest problems. we don't have to settle for this. i hope i will get equal time. >> you will get a few seconds, really. >> the two budgets have eviscerated all the things the middle class cares about. it will mock 19 million people off of medicare and k
we have had four budgets, four trillion dollar deficits. we can't keep spending and borrowing like this. we can't be spending money we don't have. leaders run the problems and fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. romney put ideas on the table. we have to tackle the crisis before it tackles us. we asked his budget office, can you see the plan? he gave us a copy of the speech. tell us what president obama's...
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the word austerity anymore they use these euphemisms they say tough decisions they say reducing the deficit they say reducing the government sherif spending it's not fashionable to say the word austerity very uncomfortable with it so it's strategy not hugely coherent which is very important of cameron wants to regain this reputation is had in the past for huge compton's also did he address fears that the vulnerable will suffer most from the cuts and the economic strategy that he's proposing he tried but he's really the only one at this conference who did he delivered a classic conservative message she said smaller government talked about aspiration less about hard work but that's come against a backdrop of an announcement of a ten billion pound cut in the welfare budget which will affect primarily the young and the poor no talk of older people and we know in this country older people whatever their incomes are otherwise they all get a state pension they all get free travel they all get a winter fuel allowance that's not being addressed the twenty something he didn't mention which i have to
the word austerity anymore they use these euphemisms they say tough decisions they say reducing the deficit they say reducing the government sherif spending it's not fashionable to say the word austerity very uncomfortable with it so it's strategy not hugely coherent which is very important of cameron wants to regain this reputation is had in the past for huge compton's also did he address fears that the vulnerable will suffer most from the cuts and the economic strategy that he's proposing he...
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Oct 6, 2012
10/12
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when people talk about the deficit -- it is not the deficit or debt but joblessness which is the great crisis of our times. the deficit and debt did not arrive from some inaccurate conception. two unfunded wars, medicare part d. let them speak to that. mitt romney has it fantastical approach to arithmetic. at the bottom of it, there is a commitment and an ideology to insuring that the top 1% make out real well. those most vulnerable at the bottom of the society who need a helping hand in times of fiscal economic crisis are put aside. it is ideological and i think the term "common-sense" is a terrific one to achieve and try to revive that one as you talk to c-span and agitate your committee. host: let's go back to the bus. john, what is your question? >> how is mitt romney going to be able to win independent voters after he alienated them in the primary? guest: i think that debate over night, which you watched as a student of political science and journalism -- he pivoted to some of the positions that he explicitly set aside during the primaries, where he became truly one of the most --
when people talk about the deficit -- it is not the deficit or debt but joblessness which is the great crisis of our times. the deficit and debt did not arrive from some inaccurate conception. two unfunded wars, medicare part d. let them speak to that. mitt romney has it fantastical approach to arithmetic. at the bottom of it, there is a commitment and an ideology to insuring that the top 1% make out real well. those most vulnerable at the bottom of the society who need a helping hand in times...
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Oct 11, 2012
10/12
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if you let the bush tax cuts expire as a whole, 80% of our deficit problems are taken care of with that, and it's an actual number, it's not 40 billion a year. it's an actual number. >> then you're raising taxes on the middle class. >> right, you're broadening the base. you're not going to be able to do that without -- >> but obama and romney pledged they don't want to raise taxes on the middle class. >> is it a realistic idea two years from now, three years from now? >> that's an important question, because as much as so many people, and i'm one of them, admire simpson-bowles and admire particularly i think the heroic contributions, and they really are, that alan simpson and erskine bowles made to get us close to a the resolution, it is a sweeping tax reform, and historically, tax reform has taken in the modern era years to do. the '86 tax act, the last time we had major tax reform in this country took four years to do, first introduced in '82 and so the idea that in the lame duck session we'll have big tax reform for the first two months of 2013 -- >> bowles and simpson would say get
if you let the bush tax cuts expire as a whole, 80% of our deficit problems are taken care of with that, and it's an actual number, it's not 40 billion a year. it's an actual number. >> then you're raising taxes on the middle class. >> right, you're broadening the base. you're not going to be able to do that without -- >> but obama and romney pledged they don't want to raise taxes on the middle class. >> is it a realistic idea two years from now, three years from now?...
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Oct 9, 2012
10/12
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resolve the trade deficit by china by combating protectionism, something mr. obama is afraid to do. develop domestic oil and gas, something mr. obama feels is immoral, and something that, and, essentially, have some smart regulation on wall street. not layer upon layer upon layer of endless nonsense that keeps you from making loans. jenna: charlie, is it simply a change of administration? peter's pointed to that, you've got to get someone with a different paradigm in there. is that all it is? is it that simpling, quote-unquote? >> i will say this, by the i -- way, corporate america is better. business leaders are worried about a lot of stuff in terms of fiscal policy coming out of this administration. >> right. >> they believe this administration is anti-business. and by the way, just be fair about this for a second. what has barack obama and joe biden offered the country? the buffet tax. and that will -- buffett tax, that will tell you everything you need the know. jenna: we'll try to arrange that. charlie and peter, nice of to have you both today. >> take care. jon: all right. let
resolve the trade deficit by china by combating protectionism, something mr. obama is afraid to do. develop domestic oil and gas, something mr. obama feels is immoral, and something that, and, essentially, have some smart regulation on wall street. not layer upon layer upon layer of endless nonsense that keeps you from making loans. jenna: charlie, is it simply a change of administration? peter's pointed to that, you've got to get someone with a different paradigm in there. is that all it is?...